Overview
* NewMarket Corp ( NEU ) Q3 net income declines to $100.3 mln from $132.3 mln yr ago , EPS at $10.67
* Petroleum additives operating profit drops due to one-time charges and shipment decline
* The chemical additives firm's quarterly dividend increased by 9% to $3.00 per share
Outlook
* NewMarket anticipates continued solid results from petroleum additives despite market softness
* Company expects expanded specialty materials capacity to come online in H2 2026
* NewMarket is monitoring international trade relations and tariffs for operational impacts
Result Drivers
* ONE-TIME CHARGES - Petroleum additives operating profit impacted by one-time charges related to global manufacturing network optimization
* SHIPMENT DECLINE - Decline in petroleum additives shipments, particularly lubricant additives, contributed to lower operating profit
* DECREASED VOLUMES - Specialty materials operating profit affected by decreased volumes, despite increased sales from acquisitions
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 Sales $690.31
mln
Q3 EPS $10.67
Q3 Net $100.26
Income mln
Press Release:
For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)